Bitcoin (BTC) has bounced off the bottom of a long term ascending channel. The price is expected to resume uptrend after the EMA crossover on the 4H BTC/USD chart. The 10 EMA just broke above the 21 EMA and the price is now clear to move towards the next resistance. The price will face short term resistance around $ 6,500 which is a strong resistance but not as strong as the next resistance of $ 6,700. The price of Bitcoin (BTC) has failed to breach this level since mid October. Historically, we have seen that this level has given Bitcoin (BTC) a tough time and the price has struggled to climb above it. Since mid September, the price of Bitcoin (BTC) has failed to effectively break and close above this level. Read more...

The price of Bitcoin has surged from $ 6,300 to $ 7,500 on Bitfinex, a major cryptocurrency exchange that reportedly operates Tether LLC, a firm that oversees the development of stablecoin Tether (USDT). Bitcoin is being traded with a significant premium on exchanges that have integrated USDT such as OKEx and Huobi, because traders have initiated the

In the past 24 hours, the Bitcoin price has increased from $ 6,400 to $ 6,700, recording a decent increase in its daily volume. The valuation of the crypto market has increased from $ 210 billion to $ 215 billion within a two-day period, fueled by the short-term surge in the price of tokens. Ethereum-based tokens like Wanchain, Aion,

At press time, the father of cryptocurrency has jumped to $ 6,700 – the highest it’s been in a while. This is about $ 200 “taller” than where it stood just 24 hours ago.

Many sources claim that the bitcoin market is beginning to show signs of maturing. The latest sign comes by way of the Security and Exchange Commission’s (SEC) rejection of roughly nine separate bitcoin ETF proposals. Strangely enough, bitcoin remained in the $ 6,400 range the entire time, and was largely unaffected by the news.

It’s finally happened! At press time, the father of digital currency has leapt to the $ 6,700 mark and conquered its latest plane of resistance.

After weeks of analysts going at it (Will bitcoin reach $ 6,700? Will bitcoin reach $ 6,700?), it appears the currency has defeated its latest obstacle. Now, $ 7,000 could easily be in bitcoin’s midst, and many are hoping the number can be graced within the next few days.

At the same time, it appears bitcoin isn’t entirely out of the dark just yet. One source mentions there are still risks posed to the crypto leader, but acknowledges that $ 7,000 is a doable target. The source reads: Read more...